Using the 8 ema crossover on the histogram on the 30 min chart
to exit the last trade of the spy system, it is still short. Has
gained about 4.5 % from the original signal on the 27 th.
I like this signal and have been watching it closely. In fact,
took a short trade based on the cross down from a few days back and
that trade is kicking butt still!
Gonna continue to watch it closely for the cross back to see if
that give a decent exit as well...though my guess is I will grab
the profits and jump a tad early tomorrow.
Using the 8 ema crossover
Posted by randy on 3rd of Oct 2011 at 01:16 pm
Using the 8 ema crossover on the histogram on the 30 min chart to exit the last trade of the spy system, it is still short. Has gained about 4.5 % from the original signal on the 27 th.
Nice going and way to
Posted by oreo on 4th of Oct 2011 at 02:57 pm
Nice going and way to stay alert as to what's going on with this signal. It's paying off to all those who followed it!
nice work randy!
Posted by frtaylor on 3rd of Oct 2011 at 07:49 pm
nice work randy!
Sounds promising, are you still
Posted by oreo on 3rd of Oct 2011 at 06:52 pm
Sounds promising, are you still in the short trade?
No , I was tempted
Posted by randy on 4th of Oct 2011 at 01:49 pm
No , I was tempted to wait until the 20 ema was crossed as well though.
and it is still running...
Posted by perthx on 3rd of Oct 2011 at 06:18 pm
I like this signal and have been watching it closely. In fact, took a short trade based on the cross down from a few days back and that trade is kicking butt still!
Gonna continue to watch it closely for the cross back to see if that give a decent exit as well...though my guess is I will grab the profits and jump a tad early tomorrow.
You may want to at
Posted by oreo on 4th of Oct 2011 at 03:02 pm
You may want to at least put a trailing stop in since we are so oversold on the SPY.